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Nonprofiteer
← PROVEG INTERNATIONAL INCORPORATED

Form 990 for tax year 2024

Filed by PROVEG INTERNATIONAL INCORPORATED.

Totals

Total revenue
$6,350,331
Total expenses
$5,007,483
Contributions and grants received
$6,310,973
Grants paid
$2,732,363
Program service revenue
$0
Investment income
$38,947
Other revenue
$411
Total assets, end of year
$9,799,705
Total liabilities, end of year
$202,230
Net assets or fund balances, end of year
$9,597,475
Program services expenses (Part IX)
$4,259,266
Management and general expenses
$573,311
Fundraising expenses
$174,906
Program service expenses (Part III)
$4,259,266

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $6,310,973

  • 3 · Investment income

    total $38,947 · excluded $38,947

  • 11a · Other revenue: OTHER INCOME

    total $411 · excluded $411

  • 11e · Other revenue, total

    $411

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,771 · program services $26,771

  • 3 · Grants to foreign organizations and individuals

    total $2,705,592 · program services $2,705,592

  • 5 · Compensation of officers, directors and key employees

    total $95,458 · management and general $95,458

  • 7 · Other salaries and wages

    total $298,338 · program services $171,830 · management and general $97,507 · fundraising $29,001

  • 8 · Pension plan contributions

    total $7,536 · program services $2,212 · management and general $2,569 · fundraising $2,755

  • 9 · Other employee benefits

    total $13,126 · program services $3,886 · management and general $4,400 · fundraising $4,840

  • 10 · Payroll taxes

    total $31,598 · program services $6,370 · management and general $17,294 · fundraising $7,934

  • 11b · Fees: legal

    total $33,716 · program services $19,010 · management and general $14,706

  • 11c · Fees: accounting

    total $52,260 · program services $14,357 · management and general $37,903

  • 11e · Fees: professional fundraising services

    total $99,198 · fundraising $99,198

  • 11f · Fees: investment management

    total $14,741 · management and general $14,741

  • 11g · Fees: other

    total $1,226,456 · program services $1,022,171 · management and general $191,500 · fundraising $12,785

  • 12 · Advertising and promotion

    total $94,169 · program services $87,885 · management and general $5,313 · fundraising $971

  • 13 · Office expenses

    total $7,773 · program services $3,481 · management and general $3,952 · fundraising $340

  • 14 · Information technology

    total $101,624 · program services $71,191 · management and general $27,436 · fundraising $2,997

  • 17 · Travel

    total $122,169 · program services $54,950 · management and general $57,990 · fundraising $9,229

  • 19 · Conferences, conventions and meetings

    total $62,877 · program services $62,877

  • 23 · Insurance

    total $5,464 · program services $3,078 · management and general $2,368 · fundraising $18

  • 24a · Other expenses: COMPLIANCE COST

    total $8,617 · program services $3,605 · management and general $174 · fundraising $4,838

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,936,028 · end of year $2,641,218

  • 3 · Pledges and grants receivable

    end of year $77,500

  • 4 · Accounts receivable

    beginning of year $9,433 · end of year $1,083

  • 11 · Investments: publicly traded securities

    beginning of year $1,427,249 · end of year $1,561,925

  • 13 · Investments: program-related

    beginning of year $6,517,824 · end of year $5,517,979

  • 17 · Accounts payable and accrued expenses

    beginning of year $221,532 · end of year $202,230

  • 27 · Net assets without donor restrictions

    beginning of year $9,669,002 · end of year $9,511,186

  • 28 · Net assets with donor restrictions

    end of year $86,289

Mission and programs · 2024

Mission

TO ACCELERATE THE TRANSITION TO A SUSTAINABLE GLOBAL FOOD SYSTEM BY MAKING PLANT-RICH FOODS AND ALTERNATIVE PROTEINS MORE ACCESSIBLE AND APPEALING.

Activities or mission (Part I)

ACCELERATE TRANSITION TO A SUSTAINABLE SYSTEM VIA PLANT-RICH FOODS/ALTERNATIVE PROTEINS

  • PROVEG GRANTS: THE PROVEG GRANTS PROGRAM IS ACCELERATING THE TRANSFORMATION OF OUR FOOD SYSTEM BY PROVIDING SUPPORT FOR ORGANIZATIONS INVOLVED IN THIS VITAL WORK. SINCE 2019, PROVEG INTERNATIONAL HAS PROVIDED MORE THAN 500 GRANTS TO ORGANIZATIONS AND INDIVIDUALS IN OVER 70 COUNTRIES. WE PROVIDE BOTH FINANCIAL SUPPORT AND ASSISTANCE WITH CAPACITY-BUILDING.ACCOMPLISHMENTS: 98 PROVEG GRANTS WERE ALLOCATED IN 53 DIFFERENT COUNTRIES.

    Expenses $2,720,253 · Grants $2,629,240

  • INCUBATOR PROGRAMMATIC INVESTMENTS: THE PROVEG INCUBATOR, ESTABLISHED IN NOVEMBER 2018 IN BERLIN, IS THE WORLD'S FIRST AND LEADING INCUBATOR DEDICATED TO STARTUPS INNOVATING IN PLANT-BASED, FERMENTATION, AND CULTIVATED-FOOD TECHNOLOGIES. THE UNIQUE PROGRAMME IS HELPING PIONEERING COMPANIES DEVELOP DISRUPTIVE ALTERNATIVES TO ANIMAL-BASED PRODUCTS AND INGREDIENTS.

    Expenses $585,203 · Grants $685

  • POLICY/ADVOCACY: PROVEG ADVOCATES AND COMMUNICATES THE POTENTIAL OF THE TRANSITION TO MORE PLANT-BASED FOODS AND LIFESTYLES FOR ADDRESSING CRUCIAL TOPICS SUCH AS THE SUSTAINABILITY OF FOOD SYSTEMS, THE ECONOMIC VIABILITY OF FARMERS' LIVELIHOODS, NUTRITION AND HEALTH ASPECTS AS WELL AS ENVIRONMENTAL PROTECTION, CLIMATE PROTECTION, AND RESOURCE CONSERVATION.

    Expenses $324,171

  • OTHER PROGRAMS

    Expenses $629,639 · Grants $102,438

  • INNOVATION CHALLENGE

  • VEGAN THESIS

  • VEGGIE CHALLENGE

  • DE LECKERES FUR ALLE

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dawn Moncrief

    CHAIR/PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Tobias Leenaert

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • Felix Hnat

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Sebastian Joy

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Phoenix Sage

    US DIRECTOR OF OPERATIONS & FINANCE

    Total calculated
    $95,458
    From this org
    $85,873
    From related orgs
    $0
    Other
    $9,585
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 October 2025
IRS schema version
2024v5.2
Source object
202512889349300611

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